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Cartier cuts prices in China

Following the price cuts by Chanel (-20%), Louis Vuitton (-18%), Versace, Tag Heuer and Patek Philippe, French luxury brand Cartier is also cutting prices in China. Cartier announced it will cut prices on its watches by 5% in China. price cuts have been implemented because of the falling euro and increased competition from the grey market.

Cartier’s Ballon Bleu Tourbillon watch

 

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